Croatia - Sugary Soft Drinks - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSugary Soft Drink Price in Croatia - 2023
Contents:
- Sugary Soft Drink Price in Croatia (CIF) - 2023
- Sugary Soft Drink Price in Croatia (FOB) - 2023
- Sugary Soft Drink Imports in Croatia
- Sugary Soft Drink Exports in Croatia
Sugary Soft Drink Price in Croatia (CIF) - 2023
The average sugary soft drink import price stood at $705 per thousand litres in July 2023, approximately reflecting the previous month. In general, import price indicated a notable increase from July 2022 to July 2023: its price increased at an average monthly rate of +2.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, sugary soft drink import price decreased by -2.9% against May 2023 indices. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 18% m-o-m. The import price peaked at $725 per thousand litres in May 2023; however, from June 2023 to July 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Serbia ($1.4 per litre), while the price for the Czech Republic ($262 per thousand litres) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Serbia (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Sugary Soft Drink Price in Croatia (FOB) - 2023
In July 2023, the average sugary soft drink export price amounted to $553 per thousand litres, waning by -4.3% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.4%. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 31% m-o-m. As a result, the export price attained the peak level of $0.6 per litre. From February 2023 to July 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was France ($971 per thousand litres), while the average price for exports to Austria ($296 per thousand litres) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.
Sugary Soft Drink Imports in Croatia
In 2022, approx. 150M litres of sugary soft drinks were imported into Croatia; increasing by 2.7% on the previous year. The total import volume increased at an average annual rate of +4.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, sugary soft drink imports surged to $80M in 2022. The total import value increased at an average annual rate of +8.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 22% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Sugary Soft Drink in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 9.7 | 12.4 | 15.6 | 22.8 | 33.0% |
| Serbia | 5.9 | 6.8 | 11.2 | 14.2 | 34.0% |
| Slovenia | 12.9 | 9.4 | 11.9 | 10.8 | -5.8% |
| Bosnia and Herzegovina | 14.1 | 10.4 | 12.5 | 10.3 | -9.9% |
| Austria | 6.6 | 5.8 | 6.1 | 7.4 | 3.9% |
| Germany | 3.3 | 2.8 | 4.3 | 4.0 | 6.6% |
| Italy | 1.4 | 1.8 | 1.6 | 2.1 | 14.5% |
| Czech Republic | 1.7 | 1.6 | 2.3 | 2.1 | 7.3% |
| Others | 8.1 | 6.3 | 4.2 | 6.6 | -6.6% |
| Total | 63.7 | 57.3 | 69.7 | 80.5 | 8.1% |
Top Suppliers of Sugary Soft Drink to Croatia in 2022:
- Hungary (37.9M litres)
- Bosnia and Herzegovina (36.6M litres)
- Slovenia (23.0M litres)
- Serbia (16.4M litres)
- Austria (11.6M litres)
- Czech Republic (8.5M litres)
- Italy (5.4M litres)
- Germany (3.7M litres)
Sugary Soft Drink Exports in Croatia
In 2022, the amount of sugary soft drinks exported from Croatia surged to 135M litres, growing by 20% on 2021 figures. The total export volume increased at an average annual rate of +8.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 21%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, sugary soft drink exports skyrocketed to $62M in 2022. The total export value increased at an average annual rate of +6.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Sugary Soft Drink in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | 24.8 | 21.3 | 25.7 | 28.6 | 4.9% |
| Bosnia and Herzegovina | 11.8 | 8.8 | 12.4 | 11.9 | 0.3% |
| Serbia | 3.4 | 3.1 | 4.0 | 5.1 | 14.5% |
| France | 0.1 | N/A | 0.1 | 4.5 | 255.7% |
| Austria | 2.1 | 2.1 | 3.0 | 3.5 | 18.6% |
| Hungary | 2.7 | 2.3 | 2.5 | 3.1 | 4.7% |
| North Macedonia | 1.0 | 0.9 | 1.3 | 1.0 | 0.0% |
| Others | 5.5 | 4.6 | 2.5 | 4.0 | -10.1% |
| Total | 51.4 | 43.3 | 51.6 | 61.6 | 6.2% |
Top Export Markets for Sugary Soft Drink from Croatia in 2022:
- Slovenia (56.0M litres)
- Bosnia and Herzegovina (25.2M litres)
- Hungary (13.3M litres)
- Austria (13.1M litres)
- Serbia (11.3M litres)
- France (7.0M litres)
- North Macedonia (2.9M litres)
This report provides an in-depth analysis of the sugary soft drink market in Croatia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 11071930 - Waters, with added sugar, other sweetening matter or flavoured, i.e. soft drinks (including mineral and aerated)
Country coverage:
- Croatia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Croatia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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